Costco Wholesale Corporation is an American multinational corporation which operates a chain of membership-only big-box retail stores. As of 2020, Costco was the fifth largest retailer in the world, and the world’s largest retailer of choice and prime beef, organic foods, rotisserie chicken, and wine as of 2016.
In 1997, Costco changed its name to Costco Wholesale Corporation, and all remaining Price Club locations were rebranded as Costco.
What does Costco Wholesale stand for?
Costco, as a brand, was built on helping customers manage their spending, hence the name Costco, or rather, ‘Cost Company‘. And it was Costco’s focus on decimating the cost of a product that made the company unique and elevated it to where it stands today.
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